Jobs of the future. The purpose of this research is to inform workforce planning efforts for jobs of the future—occupations that are predicted to grow over the next 5-10 years. The report, sponsored by the American Statistical Association, covers the supply and demand for data analysis skills, the function and types of employees needed for these jobs, and skill and education requirements at different levels.
59% of organizations expect to increase the number of positions requiring data analysis skills over the next five years.
The majority of organizations (82%) currently have or expect to have positions that require data analysis skills in 2016. Demand has been increasing and is expected to continue growing over the next five years. In the last 12 months, more than three-quarters of organizations (78%) reported difficulty recruiting for data analysis positions.
•The most common functional areas for data analysis positions are accounting and finance (71%), human resources (54%) and business administration (50%). Usually these are full-time positions at mid-level management (79%) and individual contributor (73%) levels. However, 60% of organizations require senior management or executives to have data analysis skills.
•At the basic skill level, organizations typically require a high school diploma (35%) or a bachelor’s degree (35%), whereas 14% require an associate’s degree. Often job announcements do not specify or require a particular field of study (61%).
•The need for moderate skill levels is most prevalent (83%), and organizations typically require a bachelor’s degree for these skill levels. At least one-third of organizations prefer a degree in analytics, computer science or statistics.
•For advanced skills, most organizations require either a bachelor’s (57%) or a master’s (25%) degree. Although statistics and analytics are the most commonly preferred fields, some organizations have a need for degrees in engineering (35%) and data science (27%).